Tuesday, February 4, 2014

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U.S. Gov. to Sell 29,655 Bitcoins Seized in Silk Road Case | ecreditdaily.com
The shut down by U.S. authorities last year of the Silk Road “hidden website’ has yielded the largest forfeiture of bitcoins, with the Manhattan U.S. Attorney announcing Thursday that $24 million worth (Friday’s estimated value at about $800 each) of the virtual currency will be sold.
The Silk Road site was designed to enable its users to buy and sell illegal drugs and other unlawful mic stand case goods and services anonymously, said a statement from the United States mic stand case Attorney for the Southern District of New York.
In addition to the civil action, Ulbricht, also known as Dread Pirate Roberts, the alleged owner and operator of Silk Road, was charged in September 2013 in Manhattan mic stand case federal court with narcotics conspiracy,conspiracy to commit computer hacking, and money laundering conspiracy.
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Most Recent Posts Target Exec Offers Detailed Timeline on Massive Payment Card Breach eBay Cites Bitcoin Startups Coinbase, BitPay as Competitors to PayPal Fed: U.S. Banks Ease Lending Standards for Businesses, Consumers Law Library of Congress: Global Bitcoin Debate Still in Its ‘Infancy’ Should You Consider Checking Account as Savings Vehicle? mic stand case The Answer May Surprise You Bitcoin Price Stability Holds, While Other Markets Get Rattled


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